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JPMorgan, Goldman Sachs resist calls to roll back diversity

financialpost.com
submitted
5 mos ago
bybambamtofinance

Summary

'We continue to stay focused on talking to our clients and doing the things we’ve always done,' says JPMorgan Chase CEO Jamie Dimon.

Walmart Inc. and Meta Platforms Inc. unveiled plans to roll back their DEI programs. Walmart faced pressure from the anti-DEI activist Robby Starbuck, but the company said its changes were designed to ‘foster a sense of belonging’

The National Center for Public Policy Research wants Goldman’s board to conduct an independent audit analyzing the bank’S legal and reputational risks. The NCPPR is asking JPMorgan to consider abolishing its DEI program altogether.

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1 Comments

1
coffeeislife
5 mos ago
People do realize what these terms actually mean and what the companies are being asked to do with them right? Wish we'd stop demonizing them.